Morgan Stanley Buys $11M in Bitcoin | Flash News Detail | Blockchain.News
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4/23/2026 3:50:00 PM

Morgan Stanley Buys $11M in Bitcoin

Morgan Stanley Buys $11M in Bitcoin

Morgan Stanley acquires 143.34 BTC for $11.17M, boosting holdings to 1.964K BTC valued at $153.41M amid bullish BTC price prediction trends.

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Morgan Stanley just snapped up 143.34 BTC worth $11.17 million about an hour ago, pushing their total stash to 1.964K BTC valued at $153.41 million. This move underscores accelerating institutional adoption in the crypto space, especially as Bitcoin rides a wave of momentum similar to last quarter's surge when firms like BlackRock piled in. With whispers of RaveDAO integrations heating up decentralized finance plays, this buy signals Morgan Stanley's bet on sustained crypto market trends amid volatile swings.

On the 4-hour chart, Bitcoin trades at $78,317.97 in a clear bullish structure, hugging above the EMA50 at $76,071.80 which acts as immediate support while the EMA200 at $72,798.04 reinforces the longer-term floor. MACD shows a golden cross with a reading of 743.65, screaming bullish continuation, yet the neutral RSI at 59.72 keeps things in check without overbought hysteria. Price dances inside the Bollinger Bands, eyeing that upper resistance at $79,723.95 as the next exhaustion point—if it punches through without a pullback to the lower support at $74,641.38, we're looking at fresh legs higher in this BTC price prediction cycle, much like the institutional inflows driving crypto market trends we saw post-halving last year.


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